Terry KS Toku Ltd. has begun trading on the SGX Catalist following a S$16.25 million IPO, marking a key milestone in its growth as a CX technology provider. The company plans to use the proceeds to enhance its AI-driven platform and expand its presence across global markets.
SINGAPORE, 23 JANUARY 2026 – Singapore-incorporated customer experience (CX) technology company Toku Ltd. has officially commenced trading on the Catalist Board of the Singapore Exchange Securities Trading Limited (SGX-ST), following the successful completion of its initial public offering. The company’s shares opened at S$0.260, climbed to an intraday high of S$0.305, and closed at S$0.285 on its first day of trading under the ticker symbol TKU.
The IPO comprised 65 million invitation shares priced at S$0.25 per share, including 2 million public offer shares and 63 million placement shares. The offering raised gross proceeds of S$16.25 million, giving Toku a post-IPO market capitalisation of approximately S$142.56 million based on its enlarged share capital.
Thomas Laboulle, Founder and CEO of Toku, said the SGX Catalist listing marks a significant milestone in the company’s evolution as an enterprise software provider. He noted that becoming a public company strengthens Toku’s focus on execution, governance, and long-term value creation, while enabling continued investment in end-to-end innovation across its technology and solutions to serve customers globally amid rising regulatory and customer expectations.
Non-Independent Non-Executive Chairman Lim Hwee Hua highlighted that the listing reflects the team’s discipline and execution, adding that public market responsibilities reinforce Toku’s commitment to transparency, strong governance, and sustainable growth. Industry partners echoed confidence in Toku’s strategy, citing its scalable business model, strong investor interest, and potential for international expansion.
Headquartered in Singapore, Toku delivers a cloud-native CX platform that allows enterprises and public-sector organisations to manage customer interactions across voice, chat, email, and digital channels through a single integrated environment. Built for complex, multi-market operations, the platform integrates communications infrastructure with AI-driven capabilities such as transcription, summarisation, and conversation analytics, while supporting deployment across public cloud, private data centres, and hybrid environments to meet regulatory and operational requirements.
Proceeds from the IPO will be used to further develop Toku’s technology platform, expand its partner ecosystem, support geographic growth, and fund general corporate purposes in line with the company’s long-term strategy.